FOR IMMEDIATE RELEASE
December 1, 2008
MAYOR BLOOMBERG SIGNS LEGISLATION INCREASING THE ANNUAL ASSESSMENT AMOUNT FOR THIRTEEN BUSINESS IMPROVEMENT DISTRICTS
Remarks by Mayor Bloomberg at a Public Hearing on Local Laws
"The second bill before me is Introductory Number 841, sponsored at the request of the Administration by Council Members Weprin, Comrie, and Eugene. Introductory Number 841 increases the annual expenditure for thirteen Business Improvement Districts.
"Business Improvement Districts, also known as 'BIDs,' are voluntarily formed community organizations that promote business development and improve the quality of life in neighborhoods across the City. Established by local law, BIDs are self-funded by local property owners and are overseen by the City's Department of Small Business Services.
"To date, seventeen BIDs have been established under our Administration, which provide maintenance and sanitation services, security services, marketing and promotion of local businesses, holiday lighting, economic development, beautification, and landscaping to a variety of neighborhoods. The services provided to the community are essential to ensuring that small businesses, and the neighborhoods in which they operate, are given every opportunity to succeed.
"Introductory Number 841 increases the annual assessment amount of the following BIDs: Steinway Street, 34th Street, Myrtle Avenue, 82nd Street, Lower East Side, Village Alliance, Sunset Park 5th Avenue, Lincoln Square, Church Avenue, 47th Avenue, Columbus Circle, Kingsbridge, and Brighton Beach.
"I would like to thank the Commissioner of Small Business Services, Rob Walsh, and his staff for working together with these communities to help strengthen and expand services in these BIDs."
Stu Loeser/Evelyn Erskine (212) 788-2958